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Califbill Califbill is offline
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First recorded activity by BoatBanter: Jun 2010
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Default Corporate America Pays a Lot Less in Taxes Than You Think!

wrote in message ...

On Wed, 03 Aug 2011 19:52:33 -0400, LilAbner wrote:

http://finance.yahoo.com/blogs/daily-ticker/

Corporate America Pays a Lot Less in Taxes Than You Think!


Not really, I know corporations pay zero in taxes, The taxes are all
paid by their customers and corporations make profit on the tax. It is
just another line item on their ledger and they price the product
accordingly..

The government likes taxing at the corporate level because people do
not see that tax. That is the allure of the VAT tax. Things just get
more expensive but people do not realize how much of that is tax.


Reply:
Well said.